Posted at 27 May 2026 / Categories Market Roundups
Market Roundup
•France Car Registration (MoM) (Apr): -20.3%, 43.8% previous.
•France Car Registration (YoY) (Apr): -0.3%, 12.9% previous.
•Germany Car Registration (YoY) (Apr): 2.7%, 16.0% previous.
•Germany Car Registration (MoM) (Apr): -15.3%, 39.2% previous.
•Italy Car Registration (MoM) (Apr): -16.3%, 17.8% previous.
•Italy Car Registration (YoY) (Apr): 11.6%, 7.6% previous.
•Finland Unemployment Rate (Apr): 11.6%, 10.4% previous.
•Finland Consumer Confidence (May): -10.5, -12.5 previous.
•Finland Industrial Confidence (May): 3, 2 previous.
•France Consumer Confidence (May): 82, 83 forecast, 84 previous.
•Italy Industrial Sales (YoY) (Mar): 4.40%, 0.50% previous.
•Italy Industrial Sales (MoM) (Mar): 2.00%, 0.50% previous.
Looking Ahead Economic Data (GMT)
• 13:30 Canada Wholesale Sales (MoM) (Apr): 1.9% previous.
• 13:55 U.S. Redbook (YoY): 8.1% previous.
• 15:00 U.S. Richmond Services Index (May): 9 previous.
• 15:00 U.S. Richmond Manufacturing Index (May): 4 forecast, 3 previous.
• 15:00 U.S. Richmond Manufacturing Shipments (May): -2 previous.
• 15:30 U.S. Texas Services Sector Outlook (May): -9.9 previous.
• 15:30 U.S. Dallas Fed Services Revenues (May): 4.3 previous.
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Forecast
EUR/USD : The euro edged higher against the dollar on Wednesday as investors remained cautious after Iran accused the United States of violating a ceasefire by striking targets near the Strait of Hormuz, complicating efforts to end the conflict. Market participants also awaited comments from Federal Reserve policymakers, including Vice Chair Philip Jefferson and Governor Lisa Cook, for clues on the outlook for U.S. monetary policy amid persistent inflation concerns. Attention is also turning to Thursday’s U.S. Personal Consumption Expenditures (PCE) data, a key inflation gauge closely watched by the Fed. Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of six major currencies, slipped 0.05% to 99.07 after rising 0.15% in the previous session. Immediate resistance can be seen at 1.1648(May 25th high), an upside break can trigger rise towards 1.1693(SMA 20).On the downside, immediate support is seen at 1.1577(23.6%fib), a break below could take the pair towards 1.1561(Lower BB).
GBP/USD: The pound fell for a second day against the dollar on Wednesday as doubts about the likelihood of peace in the Middle East made traders cautious.The nearly 7% drop in the oil price this ?week has given some respite to the currencies of more import-dependent nations, which ?include sterling, but overall, trading ranges have been narrow ?and volatility has been contained, reflecting a lack of conviction among investors.Iran said on Tuesday U.S. strikes near the Strait of Hormuz represented a "gross violation" of a ceasefire in place for nearly seven weeks. The U.S. said its attacks were defensive in nature. Most market ?participants believe a resolution to the conflict is more likely than a full-on escalation, but the level of uncertainty is high. Money markets show traders expect the Bank of England to hike rates once this year, with a less than 50% chance of a second for now. Immediate resistance can be seen at 1.3505(SMA 20), an upside break can trigger rise towards 1.3526(50%fib).On the downside, immediate support is seen at 1.3473(Daily low), a break below could take the pair towards 1.3382(61.8%fib).
AUD/USD: The Australian dollar edged lower against the U.S. dollar on Wednesday after softer-than-expected inflation data reduced pressure on the Reserve Bank of Australia to maintain a hawkish policy stance.Australia’s monthly CPI rose 0.4% in April, below the 0.6% forecast, while annual inflation came in at 4.2% versus expectations of 4.4%, adding to signs that price pressures may be easing.Meanwhile, geopolitical tensions remained in focus as uncertainty surrounding U.S.-Iran peace negotiations persisted following renewed U.S. strikes. Markets continued to monitor the situation closely for signs of further escalation. Iran also warned of possible retaliation, while Brent crude prices eased slightly in Asian trading but stayed elevated near $100 per barrel due to ongoing supply concerns.Investors are now awaiting Australia’s first-quarter capital expenditure data due Thursday. Economists polled by Reuters expect a 1.0% quarterly increase, with the report likely to provide fresh insight into the outlook for business investment and economic growth. Immediate resistance can be seen at 0.7178(38.2%fib), an upside break can trigger rise towards 0.7189(SMA 20).On the downside, immediate support is seen at 0.7104(Lower BB), a break below could take the pair towards 0.7088(50%fib).
USD/JPY: The U.S. dollar edged higher on Wednesday as cautious traders weighed up the risks of a renewed flare-up in the Iran war . Iran said on Tuesday the United States had violated a ceasefire by striking targets near the contested Strait of Hormuz, potentially complicating efforts to bring the war to a close.BoJ Governor Kazuo Ueda said central banks should not focus on oil prices alone, as temporary shocks can become persistent through wages and inflation expectations. The yen was steady at 159.45 per dollar on Wednesday, its weakest since April 30, when Japanese ?authorities stepped into the market to buy the currency. The 160 level is viewed by many traders as a threshold that could trigger intervention, ?as it proved to be last month, when the yen crossed that point. Immediate resistance can be seen at 159.45(38.2%fib) an upside break can trigger rise towards 160.00(Psychological level) .On the downside, immediate support is seen at 158.67(50%fib) a break below could take the pair towards 158.27(April 16th low ).
Equities Recap
European shares edged higher early on Wednesday, hovering near record levels reached before the U.S.-Iran conflict, as gains in auto and chemical stocks supported sentiment despite persistent concerns over escalating Middle East tensions.
UK's benchmark FTSE 100 was up by 0.11 percent, Germany's Dax was up by 0.32 percent, France’s CAC was up by 0.82 percent.
Commodities Recap
Gold prices edged lower for a second straight session on Wednesday as renewed U.S.-Iran tensions dented hopes of a swift resolution to the conflict, keeping inflation concerns alive and clouding the interest rate outlook.
Spot gold was down 0.3% at $4,494.16 per ounce, as of 0849 GMT. U.S. gold futures for June delivery fell 0.2% to $4,492.50.
Oil prices fell by more than 3% on Wednesday as traders weighed ?up progress in U.S.-Iran peace talks and renewed hostilities.
Brent crude futures fell $3.11, or 3.12%, to $96.47 a barrel as of 0913 GMT, while U.S. West Texas Intermediate (WTI) crude lost $3.64, or 3.88%, to $90.25 a barrel.